Name: Kisan Suvidha Top up Loan
Brand: L&T Finance
Rating: 5 (10 reviews)

Kisan Suvidha is a pre-approved top-up loan for farmers, allowing you to access extra funds quickly. The Kisan Suvidha top-up loan for farmers is specifically designed for the needs of the rural agricultural sector. You can borrow up to ₹ 3.5 lakh, with interest rates starting from 10%* p.a., ensuring you have the resources when it matters the most. Our fully digital process is designed to save you time and hassle, making it easy to apply for a Kisan Suvidha loan online. We also offer flexible repayment options that fit your crop cycle and harvesting schedule, making it easier to manage your finances.

Features & Benefits
EMI Calculator
Documentation
Eligibility
Fees & Charges
Frequently Asked Questions

Pre Approved Loans

Pre approved top up loan with instant disbursement

Loan Offering

Get a personalised Loan offerings up to ₹ 3.5 Lakh*

Competitive Interest Rate

Repay your loan with easy EMIs and interest rate starting from 10%* p.a.

Loan Tenure

Flexible repayment option with a tenure from 12 to 60 months*

Customised Loan Offerings

Get loans customized to your land size, helping you grow your farm or property easily

Digital Journey

Our fully digital loan application makes getting Loan quick and convenient

No Hidden Charges

Start to finish, our Loan has a transparent process

Faster Disbursement

Receive your loan amount within 48 hours*

Kisan Suvidha Top-up Loan EMI Calculator

Results generated by the calculator(s) are indicative in nature.

Preferred loan amount

₹

₹1,00,000

₹3,50,000

Flat Rate

10%

19%

Loan tenure (months)

12 months

60 months

Estimated EMI

per month

₹ 36,690
Interest payable
₹52,41, 690

Apply Now

Eligibility & Documents Required for Kisan Suvidha Loan

Eligibility for Kisan Suvidha Top-up Loan

Age requirement:

18 years to 65 years

Asset Age:

Maximum up to 10 years (at the end of loan tenure)

Top up Eligibility

Existing L&T Finance New Tractor Loan customer

Documents Required for Kisan Suvidha Top-up Loan

ID Proof

Aadhaar | PAN card | Voter ID | Driving License |Passport

Address Proof

FAQs & Support

View all

Can I pre-pay my rural Kisan Suvidha Top-up Loan?

Yes, you can foreclose your Kisan Suvidha Top-up Loan. However, you will be charged 2% of the outstanding principal amount plus applicable taxes.

What Is Kisan Suvidha Loan?

The Kisan Suvidha Loan is a top up pre-approved loan for our existing customers from New Tractor loan. The loan offer is based on the customer's repayment track record and ranges up to ₹ 3.5 Lakh*. Our fully digital application process, provides hassle-free and quick access to loans tailored to the unique needs of the farming community.

Is a Credit score required to avail of a Kisan Suvidha Loan for farmer?

While there is no specific credit score requirement for the Kisan Suvidha Loan, having a good credit history can increase your chances of loan approval.

What documents are required for the Kisan Suvidha Scheme?

The following documents are required when applying for the Kisan Suvidha Scheme:
ID Proof : Aadhaar or PAN card.
Address Proof : Voter's ID, driving licence, passport, or recent utility bills.
Other Documents : ACH/ECS Mandate.

How can I apply for Kisan Suvidha Loan?

To apply for a Kisan Suvidha Loan, follow these steps:

Select EMI and tenure
Complete KYC verification.
Upload asset details.
Add a co-applicant if needed.
Choose insurance options.
Provide bank details for e-signing.

What is the maximum loan amount I can get under L&T Finance for the Kisan Suvidha Scheme?

The maximum loan amount available under the Kisan Suvidha Loan is ₹ 3,50,000.

Who can avail of a Kisan Suvidha Scheme?

Any customer of L&T Finance Tractor Loan looking for financial assistance to support their farming activities can avail the Kisan Suvidha Loan.

Are there any pre-payment charges for the Kisan Suvidha Scheme?

Yes, for the Kisan Suvidha Scheme, foreclosure charges are applicable at 2% of the outstanding principal plus any applicable taxes.

Can I use a Kisan Suvidha Loan for agricultural purposes?

The Kisan Suvidha Loan is intended specifically to fund agricultural activities and can be utilised for a variety of farming-related expenses.

What are the fees and charges for the Kisan Suvidha Scheme?

The fees and charges for the Kisan Suvidha Scheme include:

Documentation Charge: Up to 2% of the loan amount + applicable taxes
Prepayment Charge: 2% of principal outstanding + applicable taxes
Valuation Charges: As per actuals
Late Payment Charge: 2% per month on overdue EMI + applicable taxes
Repayment Mandate Bounce Charges:
- < ₹ 5 Lakh: ₹ 500
- ₹ 5 - ₹ 50 Lakh: ₹ 1,000
- ₹ 50 Lakh – ₹ 2 Crore: ₹ 1,500
- ₹ 2 Crore: ₹2,000

RC Non-submission Charges: ₹ 1,000
Duplicate NOC Charges: ₹ 1,000 + applicable taxes
Repayment Swap Charges: ₹ 500 + applicable taxes (only for branch walk-ins)
Document Charges (e.g., Statement of Account): Nil

Explore all FAQs

Farmer Loan

Having a good track record, LTF provided me with a pre-approved loan which was a huge help to my business. The FLS assisted me personally; he answered all queries. My loan was disbursed within 24 hours. I will recommend LTF to my friends & family and will prefer L&T Finance for future loan requirements.

Akshay Kumar Jha

Location here

Farmer Loan

Sanjay

Location here

Farmer Loan

My friend recommended LTF since they provide tractor loans at a lower interest rate than others, the loan process is simple, no physical documentation is required, payment was deposited the same day and I received the tractor within a week. My agricultural business has really improved thanks to the LTF.

Narayana G

Telangana

Farmer Loan

L&T Finance has supported me as a farmer since 2014, helping me finance two tractors and essential equipment. With flexible, crop-based repayments and easy EMI tracking on the PLANET App, my life has been easy. L&T Finance truly empowers us to grow better and manage finances seamlessly.

Satish Hisar

Beri, Haryana

Farmer Loan

As a third-generation farmer, owning a tractor with L&T Finance's support has transformed our work. The fully digital process made it easy, with swift disbursement and flexible repayment options like EMI Protect. Now, our costs are lower, and farming is efficient. Truly, L&T Finance supports farmer prosperity.

Hardeep Soora

Hisar, Haryana

Farmer Loan

When I decided to buy a tractor, I spoke to the L&T Finance official. After all the documentation, I got approval of my loan with 2-3 days. I didn’t have to go anywhere and yet my loan got sanctioned.

Bherulal Chaudhary

Ratlam, MP

Farmer Loan

The L&T Finance officer came home and did all the application formalities online and instantly got approval for the loan. Our EMI is in accordance with our harvesting cycle. They gave us the best interest rate and fulfilled our financing requirements.

Mr. Balu Hari Pawar

Maharashtra